Beck Wendy A. 4
Research Summary
AI-generated summary
Academy Sports (ASO) Director Wendy Beck Converts 3,932 RSUs
What Happened
- Wendy A. Beck, a director of Academy Sports & Outdoors, had 3,932 restricted stock units (RSUs) convert into common shares on June 3, 2026 (recorded as a derivative transaction, code M). The filing shows an acquisition of 3,932 shares (price N/A) and a simultaneous disposition of 3,932 shares at $0.00. Net change in beneficially owned shares from this event: 0.
Key Details
- Transaction date: 2026-06-03; Transaction code: M (exercise/conversion of derivative).
- Acquired: 3,932 shares (conversion of RSUs) — price listed as N/A.
- Disposed: 3,932 shares — price listed as $0.00 (derivative disposal).
- Net change: 0 shares (acquired and disposed quantities are equal).
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 — RSUs convert one-for-one into common stock; F2 — granted under the 2020 Omnibus Incentive Plan; F3 — these 3,932 time‑based RSUs were granted on June 13, 2025 and vested 100% subject to continued service or certain other events.
- Filing timeliness: Reported same day (filed 2026-06-03 for a 2026-06-03 transaction) — appears timely.
Context
- This was not an open-market purchase or sale. It reflects RSUs vesting and converting into shares, with an equal number of shares recorded as disposed at $0.00 (commonly used when shares are withheld or transferred to satisfy tax-withholding or similar obligations). Such conversions are routine compensation events and do not by themselves indicate a directional view on the stock.